Axon (AXON) CLO Fields Isaiah Receives 10,488-Share Award

What Happened
Fields Isaiah, Chief Legal Officer of Axon Enterprise, was granted 10,488 performance-based restricted stock units (XSUs) on 2026-08-16. The reported transaction is an award (code A) at $0.00 per share (total reported value $0). The performance conditions for this fourth tranche were certified by the company’s Compensation Committee on August 16, 2026; the tranche will vest on December 1, 2026, subject to continued employment.

Key Details

• Transaction date: 2026-08-16 (Filed with SEC: 2026-08-17; Period of Report: 2026-08-16). Filing appears timely.
• Transaction type/code: Award/Grant (A).
• Shares: 10,488 XSUs; reported acquisition price $0.00, total reported cash value $0.
• Vesting: Scheduled to vest December 1, 2026, subject to continued employment.
• Post-vesting holding restriction: Shares deliverable for this tranche are subject to a minimum holding period until the earlier of (i) December 31, 2030 or (ii) the date a subsequent tranche vests (excluding shares withheld/sold to cover taxes).
• Origin and plan: XSUs granted under the Axon Enterprise, Inc. 2024 eXponential Stock Plan; the award was originally granted Dec 22, 2023 and this tranche’s performance was certified Aug 16, 2026.
• Shares owned after transaction: Not specified in the provided filing.

Context
This is a performance-based equity award (not a purchase or sale) and is typical executive compensation. The XSUs only convert to shares if performance was met (now certified) and the recipient remains employed through vesting; the post-vesting holding restriction limits immediate liquidity. Such awards are informational about compensation alignment but do not directly signal a cash investment by the insider.